To accurately predict the outcome of an event, such as a horse race, and earn a share of the total winnings based on the amount of money bet on that outcome.
Win: a bet placed on a single horse to finish first in a race.
Place: a bet on a horse to finish either first or second in a race.
Show: a bet on a horse to finish in the top three positions in a race.
Exacta: a bet predicting the first and second place finishers in the exact order.
Trifecta: a bet predicting the first, second, and third place finishers in the exact order.
Superfecta: a bet predicting the first, second, third, and fourth place finishers in the exact order.
Daily Double: a bet on the winners of two consecutive races.
Morning Line: The odds assigned by a track handicapper before the betting begins and used as a guide for bettors.
Handle: the total amount of money wagered on a race or event.
Takeout: the percentage of the betting pool that is retained by the track or betting facility to cover operating expenses and generate revenue.
Be prepared — have your bet details ready before placing a wager.
Disclaimer: This game guide is meant as an introduction. The official rules for Massachusetts parimutuel wagering can be found at massgaming.com/the-commission/inside-mgc/division-of-racing/.
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